The Nigerian Institute of Chartered Accountants has declared that none of its members, in Nigeria or elsewhere, will ever be found engaging in financial impropriety or any other type of fraud in any area of their business.
According to The Punch, this claim was made at the annual dinner and awards ceremony hosted by the Ikorodu chapter of ICAN Ikorodu, by the 59th President of ICAN, Dr. Innocent Okwuosa.
Owkuosa, who was represented at the event by the Coordinator of ICAN, Ikorodu District, Mr. Mbang Esu, confirmed that its members have been under close observation and that the institute’s governing council will not hold back from taking legal action against any member who fails to fulfill their professional duties and obligations.
He urged all of its members to respect the principles of responsibility and accountability and to abstain from dishonest acts and financial misbehaviour.
“Have you learned of any unwholesome acts, particularly in the public sector, committed by any ICAN members? We all know that since our motto is Accuracy and Integrity and we uphold the standards of professionalism, we dare not be associated with any actions that demonstrate financial irresponsibility, indiscipline, imprudence, or rascality,” he said.
The Treasurer of ICAN, Oluwatobi Abiola, spoke about the awards and said they were given to recognize individuals and encourage them to have a greater economic impact.
“If it is not ICAN, it can never be ICAN. In order to steer clear of emotionally charged stories, I pleaded with all levels of government to involve chartered accountants in the selection of sensitive financial portfolios. We are unique breeds,” he declared.
A female fellow of the Institute, Mrs. Hassana Silas, pledged that the Society of Women Accountants of Nigeria would keep pushing to make sure that more women were included.
“We have a place of relevance in the accounting industry, so prospective and actual female accounting students shouldn’t give up. There is still space for more women to enter and excel in this honourable profession, she continued, adding that women are making waves in the accounting industry.
